Filed in 3PL
Wednesday, June 01, 2011
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of Wichita, Kansas-based truckload services provider Bruenger Trucking Company. The sale price, according to Roadrunner officials, was roughly $10.6 million, coupled with an earn-out capped at $3 million.
Less than three months after acquiring World Warehouse and Distribution, Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider said this week it has brought Maersk subsidiary the Gilbert Company into the fold.
According to all reports, the third-party logistics industry is surging again, but experts agree that growth will reach a plateau in the coming years due to a number of looming economic uncertainties. Here’s an overview of how the market is currently shaping up.
Tuesday, May 24, 2011
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”
Friday, May 20, 2011
Third-party logistics providers are growing at multiples of Gross Domestic Product, and should be able to sustain this pace through 2011, said a prominent industry analyst.
Thursday, May 19, 2011
Global third-party logistics (3PL) services provider CEVA is continuing to increase its presence in the United States. The company announced this week it has relocated its cross-dock operations to a new facility in Otay Mesa, California, which is less than three miles from its previous location.
Monday, May 02, 2011
The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.
Tuesday, April 26, 2011
Company officials said this new offering will provide service for Saturday deliveries into the U.S. from Mexico that need to arrive in the Midwest or Ontario, Canada by Monday morning.
Tuesday, April 05, 2011
Non asset-based third-party logistics (3PL) services provider Transplace said today it has acquired Philadelphia-based SCO Logistics, a 3PL serving the chemical industry. Financial terms of the deal were not disclosed.
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Monday, April 04, 2011
Freight transportation services provider Hub Group Inc. said today it has acquired asset-light transportation company Exel Transportation Services, a subsidiary of Deutsche Post World Net.